Casella Waste Systems, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 01, 2019 at 04:53 pm EDT
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Casella Waste Systems, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was USD 187.459 million compared to USD 165.649 million a year ago. Operating income was USD 15.544 million compared to USD 15.149 million a year ago. Net income was USD 11.915 million compared to USD 1.704 million a year ago. Basic earnings per share was USD 0.25 compared to USD 0.04 a year ago. For the half year, sales was USD 351.123 million compared to USD 313.104 million a year ago. Operating income was USD 19.986 million compared to USD 15.986 million a year ago. Net income was USD 10.201 million compared to net loss of USD 2.206 million a year ago. Basic earnings per share was USD 0.22 compared to basic loss per share of USD 0.05 a year ago.
Casella Waste Systems, Inc. is a regional, vertically integrated solid waste services company. The Company manages its solid waste operations on a geographic basis through three regional operating segments: the Eastern, Western and Mid-Atlantic regions. It manages its resource renewal operations through the Resource Solutions operating segment, which leverages its core competencies in materials processing, industrial recycling, organics and resource management service offerings to deliver a solution for its commercial, municipal, institutional and industrial customers. It operates approximately 64 solid waste collection operations, 71 transfer stations, 29 recycling and processing facilities, eight Subtitle D landfills, three landfill gas-to-energy facilities and one landfill permitted to accept construction and demolition materials. It provides integrated solid waste services in Vermont, New Hampshire, New York, Massachusetts, Connecticut, Maine, Pennsylvania, Delaware and Maryland.
CASELLA WASTE SYSTEMS, INC. 
